California Financial Code DIVISION 19 - RELEASE OF DEMAND DEPOSIT FUNDS

  • Section 40500.
    It is the intent of the Legislature that a financial institution shall not transfer funds from a depositor’s account unless authorization has been granted by...
  • Section 40501.
    In accordance with the implied contract existing between a financial institution and its depositor, no bank, savings association, credit union, or other financial institution operating...

Last modified: October 22, 2018